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{{Infobox | name = Philadelphia Businesses | image = | image_caption = Philadelphia business district }} '''Philadelphia businesses*** range from '''Fortune 500 corporations*** to innovative startups, from '''century-old institutions*** to emerging industries. As the economic center of the Delaware Valley region and the sixth-largest metropolitan economy in the United States, Philadelphia hosts major companies in '''healthcare, pharmaceuticals, financial services, telecommunications, food and beverage, education, and professional services***. The city's business landscape reflects its history as a commercial center since colonial times, its evolution through industrialization, and its modern transformation into a knowledge economy and corporate headquarters city.<ref name="phila-commerce">{{cite web |url=https://www.selectgreaterphiladelphia.com |title=Greater Philadelphia |publisher=Select Greater Philadelphia |access-date=December 31, 2025}}</ref> == Major Corporations == === Fortune 500 Companies === '''Philadelphia-headquartered Fortune 500:''' * '''[[Comcast]]*** - Telecommunications/media (#29) * '''[[Aramark]]*** - Food service/facilities * '''Crown Holdings*** - Packaging * '''Lincoln National*** - Insurance * ***AmerisourceBergen*** - Pharmaceutical distribution * '''CIGNA*** (Bloomfield, CT HQ but major Philadelphia presence) === Major Employers === '''Largest employers:''' * Federal Government * City of Philadelphia * University of Pennsylvania * [[Comcast]] * Jefferson Health * Temple University Health System * Children's Hospital of Philadelphia * Independence Blue Cross == Industry Sectors == === Healthcare and Life Sciences === '''Major presence:''' * '''Hospital systems:*** Penn Medicine, Jefferson Health, Temple Health * '''Pharmaceuticals:*** Research and manufacturing * '''Biotech:*** Growing sector * '''Medical devices:*** Development and production Philadelphia's '''eds and meds*** sector is among the nation's largest. === Financial Services === '''Key players:''' * '''Vanguard*** (Malvern, PA - suburbs) * ***Lincoln Financial*** * ***Independence Blue Cross*** * Banking and insurance firms * Investment management === Telecommunications and Media === '''Centered on Comcast:''' * [[Comcast]]/NBCUniversal * Media production * Cable and internet services * Technology development === Food and Beverage === '''Tradition and growth:''' * [[Aramark]] - Food service * ***Campbell Soup*** (Camden, NJ area) * [[Tastykake]] (now Flowers Foods) * Craft beverages (breweries, distilleries) * Restaurant industry === Professional Services === '''Consulting and services:''' * Major accounting firms (Big Four presence) * Law firms * Management consulting * Architecture and engineering == Historic Industries == === Manufacturing Legacy === '''Historical importance:''' * Shipbuilding (Navy Yard) * Textiles * Printing and publishing * Steel and metalworking * Chemical production Much manufacturing has declined, but some continues. === Current Manufacturing === '''Remaining activity:''' * Pharmaceutical production * Food processing * Specialty manufacturing * Industrial equipment == Innovation and Startups == === Startup Ecosystem === '''Growing scene:''' * University City innovation * Center City tech * Life sciences startups * Fintech development === Incubators and Accelerators === '''Support organizations:''' * Science Center * Pennovation Center * 1776 (co-working) * University programs === University Spinoffs === '''Academic commercialization:''' * Penn discoveries * Temple innovations * Drexel research * Hospital system spinoffs == Business Districts == === Center City === '''Downtown:''' * Corporate headquarters * Professional services * Financial services * Retail and hospitality === University City === '''Innovation:*** * Life sciences * Healthcare * Technology * Research institutions === Navy Yard === '''Development:''' * Corporate campuses * Redevelopment zone * Growing business district * Mixed-use development === King of Prussia (Suburbs) === '''Suburban business:''' * Major corporate presence * Retail center * Accessible location * Growing employment == Small Business == === Neighborhoods === '''Local business:''' * Retail corridors * Restaurants and services * Professional offices * Community anchors === Entrepreneurship === '''Support:''' * Small business development centers * City programs * Microfinance * Community development == Economic Development == === City Initiatives === '''Programs:''' * Tax incentives * Workforce development * Infrastructure investment * Business attraction === Regional Competition === '''Context:''' * Competing with other metros * Delaware Valley cooperation * Suburban dynamics * Interstate competition == Major Real Estate == === Office Towers === '''Significant buildings:''' * [[Comcast Center]] and [[Comcast Technology Center]] * One Liberty Place * Two Liberty Place * Centre Square * BNY Mellon Center === Development === '''Current trends:''' * Market Street development * Schuylkill Yards * Navy Yard expansion * Mixed-use projects == Challenges == === Taxes === '''Business concerns:''' * Business income tax rate * Wage tax * Tax reform debates * Competitiveness concerns === Workforce === '''Issues:''' * Skills gaps * Education attainment * Workforce development * Transportation access === Infrastructure === '''Needs:''' * Transportation maintenance * Technology infrastructure * Public services * Investment requirements == Future Outlook == === Growth Sectors === '''Promising areas:''' * Life sciences * Technology * Healthcare * Clean energy * Creative industries === Transformation === '''City evolution:''' * Knowledge economy growth * Innovation district development * Workforce changes * Economic diversification == See Also == * [[Comcast]] * [[Aramark]] * [[PECO]] * [[Independence Blue Cross]] * [[Philadelphia Economy]] == References == <references /> == External Links == * [https://www.selectgreaterphiladelphia.com Select Greater Philadelphia] * [https://www.chamber.com Greater Philadelphia Chamber of Commerce] {{#seo: |title=Philadelphia Businesses - Corporate Headquarters and Economy |description=Philadelphia businesses from Fortune 500 companies like Comcast and Aramark to startups. Healthcare, financial services, media, and professional services drive the regional economy. |keywords=Philadelphia businesses, Philadelphia economy, Comcast, Aramark, Philadelphia companies, Fortune 500, corporate headquarters |type=Article }} [[Category:Businesses]] [[Category:Economy]] [[Category:Philadelphia]]
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